Hapag-Lloyd, the Germany-based container shipping company and one of the world’s largest liner operators, has signed an agreement to acquire 100% of the shares in Israel-based liner firm ZIM Integrated Shipping Services Ltd., currently ranked as the world’s tenth-largest container shipping line.
Completion of the transaction remains subject to approval from ZIM’s shareholders and relevant competition and regulatory authorities, with closing targeted for the end of 2026.
If completed, the combined group would operate a fleet of more than 400 vessels with capacity exceeding 3m TEU, strengthening Hapag-Lloyd’s position among the leading global container carriers. The companies said the merger would support expansion across major trades including the Transpacific, Intra-Asia, Atlantic, Latin America and East Mediterranean.
Until closing, both carriers will continue to operate independently and compete in the market, with customers maintaining existing contracts and booking channels. Collaboration will remain limited to current vessel-sharing and slot charter agreements.
Hapag-Lloyd CEO Rolf Habben Jansen said: “ZIM is an excellent partner for Hapag-Lloyd. Customers will benefit from a significantly strengthened network on the Transpacific, Intra Asia, Atlantic, Latin America and East Mediterranean. We share the same ambitions: exceptional customer service, excellent operational quality, and a commitment to digital innovation – all powered by the expertise and passion of our people worldwide.”
The company said the planned acquisition aligns with its Strategy 2030 plan, aimed at strengthening service quality, expanding in growth markets and building on its modern fleet, including one of the industry’s largest LNG dual-fuel container ship portfolios.
